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Dec 22, 2017 13:31 EEST
TIRANA (Albania), December 22 (SeeNews) – Albania’s annual harmonised index of consumer prices (HICP) fell to 2.4% in November, from 3.2% in October, the country's statistical office, INSTAT, said on Friday.
November inflation was driven mainly by a 6% rise in the harmonised index of consumer prices of food and non-alcoholic beverages, followed by recreation and culture (+1.5%), transport (+1.2%), and alcoholic beverages and tobacco (+1.2%), INSTAT added.
On a monthly comparison basis, Albania's HICP edged down 0.5% in November, after a rise of 0.2% in October, influenced mostly by a drop in the prices of food and non-alcoholic beverages (-2.2%).
Albania's annual non-HICP decelerated to 1.7% in November, from 1.9% in October, INSTAT said earlier this month.
INSTAT started publishing inflation measurement through the HICP in February. The HICP measures consumer price inflation in the euro area. It is compiled according to a methodology that has been harmonised across EU countries to ensure that the data for one country can be compared with the data for another.
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